salary.sg Archives - 02 March 2012, Friday

Singaporeans are great people…we really admire Singaporeans coz they are an open society…they have created an open society where people with talent can work and contribute freely without any discrimination unlike many other countries where expats are always discriminated and kept unde...

As reported in the news , median monthly household income from work has increased by 11% from S$6,342 in 2010 to S$7,037 in 2011. This is based on recent Household Income data released by the Department of Statistics. What’s not reported in the news is that the average household incom...

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If you are a car owner, does your pay match your car ownership status? If you don’t have a car, how do you know whether you can afford one? In this article, Salary.sg proposes using $7,650 as an income guideline for car ownership in Singapore. We all know that owning a car in Singapor...

Following its World Wealth Report 2007 released in June (see my post Lots of Millionaires ), Capgemini and Merrill Lynch have recently released more details on the typical millionaire in Singapore. In their Asia Pacific Wealth Report 2007 , they repeated the old information: Singapore...

Singaporeans are great people…we really admire Singaporeans coz they are an open society…they have created an open society where people with talent can work and contribute freely without any discrimination unlike many other countries where expats are always discriminated and kept unde...

PM Lee will get a 36% salary cut and receive an annual pay of $2.2m without pension, down from the previous pay package of $3.07m + pension. This is the recommendation given in the Committee to Review Ministerial Salaries Report . The ministerial pay review took more than 7 months to ...

PM Lee will get a 36% salary cut and receive an annual pay of $2.2m without pension, down from the previous pay package of $3.07m + pension. This is the recommendation given in the Committee to Review Ministerial Salaries Report . The ministerial pay review took more than 7 months to ...

October 21st, 2011 at 11:07 am Firstly, I came across this site and read the comments after a colleague of mine highlighted that a certain group of fresh graduates were earning >$10,000 a month. After reading through comments, I figured I would leave some thoughts and hopefully someon...

[...] Originally Posted by Unregistered Yeah but Singapore is expensive really, a screwdriver costs US$ 7.50 in australia (which i thought was really expensive) but its S$ 18 for a tequila shot in Orchard towers !!! But to be fair, u guys got one kick ass casino which actually gives u...

[...] Originally Posted by Unregistered Yeah but Singapore is expensive really, a screwdriver costs US$ 7.50 in australia (which i thought was really expensive) but its S$ 18 for a tequila shot in Orchard towers !!! But to be fair, u guys got one kick ass casino which actually gives u...

October 21st, 2011 at 11:07 am Firstly, I came across this site and read the comments after a colleague of mine highlighted that a certain group of fresh graduates were earning >$10,000 a month. After reading through comments, I figured I would leave some thoughts and hopefully someon...

October 21st, 2011 at 11:07 am Firstly, I came across this site and read the comments after a colleague of mine highlighted that a certain group of fresh graduates were earning >$10,000 a month. After reading through comments, I figured I would leave some thoughts and hopefully someon...

Civil servants will get a year-end bonus of 1.75 months. See the just-released PSD announcement . This includes 0.75 month for the Annual Variable Component (AVC) and 1 month for the Non-Pensionable Annual Allowance (NPAA). The NPAA is also known as the 13th month payment. This 1.75 m...

Are you buying property now? Is it the right time? Yesterday’s Sunday Times gave us 2 perspectives. First, there’s an interview with a tycoon who has businesses in property development. When asked how many properties did he own, the four-time head of Redas has this to say about proper...

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Came across an interesting article on how to ask for a raise (aka “salary increment”) when one feels underpaid and overworked. First, you need to do your research. If you are in US, you can go to Salary.com or Payscale.com . But if you are Singapore, you can refer to the usual Salary ...

Hi, I have monthly transport allowance as part of my basic package and I’ve been taxed for the allowance part as well though I spend lots of money as taxi expense for both office travel as well as to support client as I don’t have a car. I am not sure how to claim tax concession for t...

The URA property price index is at a historical high. While the stock markets around the world are turning bearish, it is still anyone’s guess as to whether the Singapore property market is heading for a crash . To argue against a crash, property bulls will cite the extremely low mort...

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PM Lee has just appointed a committee chaired by Gerard Ee to review ministerial salaries . As pointed out in today’s Straits Times (printed edition), the government “does not disclose how much each minister is paid”, but the most current figures released by PSD are for the year 2009,...

Senior civil servants will get 8 months of GDP Bonus this year. This was announced in Parliament yesterday by DPM Teo Chee Hean. Annual salaries of senior officers in government are “automatically linked” to GDP growth. When GDP growth is 2% or below, the bonus will be zero. As such, ...